Real Estate Market Report | Edmonton | February 2026
Mild Softening as Inventory Builds Gradually
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So what's happening in the Edmonton real estate market as of February 2026?
January conditions in Edmonton show moderate softening. New listings are 8 percent above the five year January average, while sales are down 12 percent. Inventory is up 6 percent, pushing months of supply 15 percent higher. The overall benchmark price is $409,000, down 2.33 percent month over month and 0.60 percent year over year. Supply growth remains controlled compared to other major markets, but weaker absorption has begun to pressure pricing as the market enters the new year.
Edmonton's Detached Homes
Detached activity reflects softer demand. New listings are 9 percent above the five year January average, while sales are down 13 percent. The benchmark price is $491,000, declining 1.93 percent month over month and 2.43 percent year over year. While long term stability remains intact, recent pricing signals show buyers exercising more patience. Sellers in this segment must align with current demand levels to prevent extended time on market during slower winter conditions.
Edmonton's Apartments
Apartment performance stands out. New listings are 13 percent below the five year January average, while sales have declined 22 percent. The benchmark price is $197,500, rising 10.90 percent month over month and 5.52 percent year over year. Limited new supply combined with improving affordability is supporting price growth despite weaker transaction volume. This segment shows early signs of renewed momentum relative to other property types.
Edmonton's Attached Homes
The attached segment shows mixed signals. New listings are 34 percent above the five year January average, while sales are up 4 percent. The benchmark price is $271,900, flat month over month at -0.03 percent and down 4.49 percent year over year. Stronger listing growth alongside modest sales gains suggests competitive conditions. Pricing remains under pressure despite transaction resilience, indicating buyers continue to negotiate aggressively within this segment.
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